Bernie’s New Medicare for All Plan

July 19, 2019

by John McClaughry

Last Wednesday Bernie Sanders unveiled his latest version of “Medicare for All,” his scheme for single-payer health care. He estimated it could cost up to $40 trillion over 10 years, which blows past the $32 trillion estimate outsiders calculated after Sanders first began peddling his plan. Previously, Sanders admitted that he would raise taxes across the board to pay for this government power grab, but now that he’s upped the price he’s downplaying that broad tax increase and focusing on the rich paying more.

As Mark Alexander of Patriot Post observes, “This massive sum of $40 trillion only exposes Sanders’s

apparent ignorance of basic economics. “Forty trillion over ten years is an average of four trillion per year. Does anyone recall what the entire budget of the United States federal government was for 2018? It was 4.094 trillion dollars. So Sanders is casually talking about expending the equivalent of our entire budget on his health care plan.” At the same time he’ll outlaw (private health insurance and wipe out that entire industry.”

Nevertheless, Sanders insists that his plan is not “absurd,” asserting, “What the most serious economists tell us [is] that if we do nothing to fundamentally change the health care system, which is what Joe [Biden] was talking about, keeping it as it is, we’ll be spending something like $50 trillion over a 10-year period.”

This sugars off to the typical socialist promise “health care, no matter what the cost.”

John McClaughry is vice-president of the Ethan Allen Institute

{ 4 comments… read them below or add one }

Thaddeus Cline July 20, 2019 at 4:36 pm

And what will healthcare cost if we keep it private?
Dose it not seem odd to thinking people that conservatives leave that part out ?
One of the claims against Obama’s healthcare plan was it’s to new it can’t work because it’s to complicated and our private sector has worked fine all this time . Then things like insurance for kids threw college came along , and not being blocked because you have a pre-existing condition. Seems those things has a hard time being in disfavor.
Well as to the first part new ? Much of the 100% healthcare systems of Europe started in 1948 not all countries started that then but many and as it did what it was supposed to do more countries signed up .
France has not only one of the very best healthcare systems, they have the highest costumer satisfaction. And many medical procedures cost 2/3’s less , many others like regular checkups at your primary care doctors office is half the price it costs here.
And no doctors are saying I don’t want to work in France because they don’t pay me enough.
Medicine Is much much cheaper , and there is not some complicated reason why .
Europe’s politic people will not let the drug companies control the price of drugs .
Even Mexico has insulin Way way cheaper then the United States has .
In short what we pay just in bureaucracy The insurance companies have is outrageous. And that’s after Obama’s plan rained that in to less than 15% of the bill .
People seem not to know ( especially if they watch FOX News ) that many companies were fined larger amounts of money for not lowering bureaucratic costs .
Again and again you keep trying to say the government tells us to much about what we have to do , when what your really pushing for is deregulation of harmful companies, that simply put profit above people in out right harmful ways .
We tried your way over the years and we tried Obama’s way . Now the only way to drive down costs for all of us is to do what’s been tested for more then 60 years in Europe. Even when very strong conservative political people get in to power in European countries , they do touch Democratic Socialist healthcare plans they simply work to well for them to risk giving things back to the private sector.
The only people you help by being against 100% healthcare is the rich people in insurance companies that have been laughing all the way to the bank at the rest of us costs .
If your going to help the rich by having Vermont’s citizens go on paying much more then they should in healthcare in a modern society and economic system , at least do a better job of hiding what your really doing .
There’s no one in any of those countries that have 100% healthcare that say “ gee I wish we had America’s systems of healthcare , it works so much better then ours and it’s cheaper “ now explain to the rest of us why that might be .

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Beverly G July 22, 2019 at 6:04 am

Bernie is just out for himself and democratic party. Us seniors and little guys who pay the government’s bills can go deeper in debt all to support the parties.

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Beverly July 22, 2019 at 6:12 am

Health care…what is that? Have Medicare and insurance, go to doctor with fractured ribs and high blood pressure leave with fractured ribs, no meds for ribs or blood pressure, missing 6+vials of blood as well. 2 weeks later finally get in touch with doctor. Tests NFG, need new ones and getting yelled at for being on opiods. Since when is Excedrin, Tylenol and aspirin opiods? In my 52 years of reading medical books, that was a first and considering I’m allergic to codine……. hello !

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gdp July 22, 2019 at 4:44 pm

Sander’s recent claim of being socialist, an essentially political ideology that seeks central state authority through the regulation of education and healthcare in kowtow to the Communist Manifesto, is not based on the ideology per se, but on the alleged benefits it claims to provide. Thus, Sanders argues free healthcare, free education, free welfare ad nauseam without actually claiming the necessity of socialist organization in order to attain, very clever, very guileful, and certainly not reflecting the consideration of reasonable alternative. But, as in the case of his actual hypocrisy respecting minimum wage, he knows the practical impossibility, which showed its effects most recently in Venezuela. Healthcare covers a spectrum from the intensely personal to beyond professional into public, the last, under classic American principle extolling least restrictive alternative, exercised only in time of emergency. The most accurate impact of single pay is not the country at large, but the independent small business and professionals who were reduced to individual mandate, the public and corporate sectors excepted (illegally?) from the harsh realities of cost and coverage, and thus in no position to be either considered or compared when thinking single pay. Unless and until Americans fairly and accurately compare the advantages of private healthcare over public, and there considering the alternatives taken off the table already by government largesse, any determination or selection is flawed and incomplete, resulting in more than healthcare catastrophe, but national bankruptcy, despite the claims of M. Cline, who hasn’t analysed the shortcomings of other nations, not to mention the advantages in prescription costs they have at our expense. Reality check, folks.

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